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P2 C2 Depreciation Accounts — Account STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceAccountP2 C2 Depreciation Accounts1 Mark
MCQ
Under which method of depreciation, value of asset never becomes zero?
  • ✓
    Reducing balance method
  • B
    Annuity method
  • C
    Depletion unit method
  • D
    Equal instalment method
✓

Answer

Correct option: A.
Reducing balance method

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